PSX · TEXTILE COMPOSITE
HAFL Head & Shoulders forming — Daily chart signal
Hafiz Limited
Daily 08 Oct 2026
Close
453.00
▲ 6.09%
Head & Shoulders forming
Chart pattern With the trend
HAFL has completed a head & shoulders on the daily chart with the head at 629.50 and the neckline at 313.96.
The pattern is confirmed by a daily close below 307.98. The measured move from the neckline points to -26.97 (-108.6%). A close beyond the head at 629.50 cancels it. Still active - first identified on 19 May 2026.
Structure: bearish external, bearish internal (strong high 629.50). Nearest demand OB 35.76 - 39.52, supply OB 591.00 - 629.50.